IEIM904415 | Assumed Reporting for Partnerships

Where a Platform is operated by a partnership, each partner is strictly speaking an RPO. However, in practice, the partners can agree between themselves that one of the partners will report on behalf of all of them. This ‘nominated partner’ will effectively act as an RPO on behalf of the other partners in the partnership and will be responsible for reporting and the other requirements in the reporting rules. The other partners can then be exempted from reporting in the same way described at IEIM904410.